Business
Star Navigation Announces - Australian Patent Awarded
Star Navigation Announces - Australian Patent Awarded.
About this update from Star Navigation Systems Group Ltd.
[{"type":"text","content":"\n\n\n\n\nTSX.V - SNA - 52,315,844 shares outstanding.\n\nTORONTO, March 1 /CNW/ - Star Navigation Systems Group Ltd. 'Star\nNavigation' (TSX.V - SNA) is pleased to announce that the Commonwealth of\nAustralia has awarded the Official Grant of Letters Patent entitled, \"Systems\nand Method for Transportation Vehicle Monitoring or Analyzing\". This is the\nCompany's third license to the worldwide patent applications awarded for\nexclusive use for Star's flagship product, the ISMS(TM) - In-flight Safety\nMonitoring System.\nSecuring world wide patent protection is a key strategy in maintaining\nStar Navigation's proprietary advantage with its flagship product, the\nISMS(TM). The ISMS(TM) is the first system in the world to feature in-flight\ndata monitoring and diagnostics with a real-time, secure connection between\naircraft and the ground, made possible through current technology and\nsatellite transmission.\n\nAbout Star Navigation...\n\nStar Navigation Systems Group Ltd. (www.star-navigation.com) owns the\nworldwide license to a product without peer, its proprietary, patented \nIn-flight Safety Monitoring System - ISMS(TM), the first system in the world\nto feature in-flight data-analysis, -monitoring and -diagnostics with a \nreal-time connection between aircraft and ground. Its real-time capability of\ntracking performance-trends and predicting incident-occurrence enhances\naviation safety and improves fleet management while reducing costs for the\noperator.\n\nCertain statements contained in this News Release constitute forward-\nlooking statements. When used in this document, the words \"may\", \"would\",\n\"could\", \"will\" and similar expressions, as they relate to Star or its\nmanagement are intended to identify forward-looking statements. Such\nstatements reflect Star's current views with respect to future events and are\nsubject to certain risks, uncertainties and assumptions. Many factors could\ncause Star's actual performance or achievements to vary from those described\nherein. Should one or more of these factors or uncertainties materialize, or\nshould assumptions underlying forward-looking statements prove incorrect,\nactual results may vary materially from those described herein as intended,\nplanned, anticipated, believed, estimated or expected. Star does not assume\nany obligation to update these forward-look...